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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (12309)4/15/2009 9:52:30 AM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
Geezus!! Your "namesake" just stated on Bloomberg that Stocks are NOT a repository of value.. That they for gambling..

In essence, he just stated, if I understand him correctly, that no public company can be valued by the price of it's stock.

That's just a bit harsh, IMO.... ;0)

Hawk